FRANKFURT (dpa-AFX) – After the price slide on Friday, the Dax (DAX 40) is expected to recover slightly on Monday. The broker IG assesses the leading German index around two and a half hours before the start of trading, up 0.4 percent to 15,266 points.
On Friday, the Dax slipped out of its two-week sideways movement after failing several times at the chart hurdle of 15,500 points. On a weekly basis, he lost 1.7 percent. Investors continue to worry about inflation and interest rates. The main premise is risk aversion in view of persistent inflation, according to the market experts at Commerzbank. In the USA, too, the losers dominated on Friday. However, the market-wide S&P 500 has held its simple 200-day line as an indicator of the longer-term trend, at least so far